DIETZ-GOETH UNIT 3
DIETZ-GOETH UNIT 3 is a Texas oil lease in Washington County, Railroad Commission district 03, operated by Anadarko E&P Company LP. It has 1 wellbore on file with the Commission. Reported production runs from June 2003 to August 2026, totalling 217,152 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $88K, with roughly $31K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 339 barrels a month. Its strongest month on the record we hold was December 2024, at 2,057 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about DIETZ-GOETH UNIT 3
- Who operates DIETZ-GOETH UNIT 3?
- DIETZ-GOETH UNIT 3 is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
- Where is DIETZ-GOETH UNIT 3?
- DIETZ-GOETH UNIT 3 is a Texas oil lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24468.
- Is DIETZ-GOETH UNIT 3 still producing?
- DIETZ-GOETH UNIT 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIETZ-GOETH UNIT 3 is August 2026.
- How much has DIETZ-GOETH UNIT 3 produced?
- DIETZ-GOETH UNIT 3 has reported 217,152 barrels of oil (bbl) to the Railroad Commission of Texas between June 2003 and August 2026, from 1 wellbore.
- How much is DIETZ-GOETH UNIT 3 worth?
- The remaining production from DIETZ-GOETH UNIT 3 is estimated to be worth about $88K in total as of 27 August 2026, within a range of $68K to $107K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIETZ-GOETH UNIT 3 is a fraction of it. The estimate fits an Arps decline curve to the production DIETZ-GOETH UNIT 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIETZ-GOETH UNIT 3 is an estimate of value, not an offer and not an appraisal.
- How much income does DIETZ-GOETH UNIT 3 generate in a year?
- DIETZ-GOETH UNIT 3 is forecast to net about $31K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DIETZ-GOETH UNIT 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Company LP |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 24468 |
| Wellbores | 1 |
| Reported production | 217,152 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $88K |
Where DIETZ-GOETH UNIT 3 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.